Earl E. McEvoy, an asset manager for three of The Vanguard Group’s mutual funds, will retire on June 30.
Morningstar has expanded its ratings coverage to hedge funds.
DTCC has trimmed fees for mutual fund and insurance transactions.
Capital gains payouts in 2007 rose for the fourth straight year, said head Morningstar analyst Russel Kinnel.
Warren Buffett has made an offer to three large municipal bond insurers to reinsure $800 billion in municipal bonds.
Claymore Securities listed three new ETFs on the Amex: the U.S. Capital Markets Index; the U.S. Capital Markets Bond index and the U.S. Micro-Term Fixed Income.
Hedge funds in January had their worst performing month in more than five years, according Greenwich Alternative Investments.
Legg Mason Inc. has partnered with Citibank (China) Co. Ltd. to launch mutual funds designed for retail investors in China.
Exchange traded funds that invest in municipal bonds are looking more attractive these days, thanks mostly to their competitive yields.
The Securities and Exchange Commission is considering allowing mutual fund directors to delegate some of their duties, but critics say such a move will weaken the ability of directors to act as investor watchdogs.
As [Lee] Ainslie [founder of Maverick Capital Ltd. of Dallas] began attracting assets and adding investment staff, he created a business model that differs slightly from those of most large funds, which generally fall into two categories.
Because of the market volatility of recent days, determining which hedge funds will perform well is as difficult a task as it has ever been.
If an investor had invested $1,000 in the Pioneer Fund when it was launched in 1928, his or her heirs would be millionaires today.
Investors often ask me why an exchange traded fund they own paid a big gains distribution. The answer is simple, but the lessons can affect the advice you give your clients.
A new mutual fund is purchasing alternative investments — a strategy designed to defy market volatility when stock and bond prices are plunging.
People are no longer content to merely walk with God. They want to invest with him, too.
John Baum named chief executive, J. Charles Cardona to be president when Tom Eggers retires.
Hennesse Hedge Fund Index falls 2.4%, the fourth worst month ever.
Regulators flooded Rep. Paul E. Kanjorski, D-Pa., with their and assessments of the ongoing municipal bond insurer debacle.
